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Net income will result during a time period when?
revenues exceed expenses.
What occurs when expenses exceed revenues for a given accounting period?
Retained earnings are decreased.
A net loss will result during a time period when?
When expenses exceed revenues a net loss occurs.
What is it called When tax revenues exceed expenditures?
Budget Surplus
What is it called when your expenses exceed your income?
UNSUCCESSFUL
Net income will result during a time period when?
revenues exceed expenses.
What occurs when expenses exceed revenues for a given accounting period?
Retained earnings are decreased.
A net loss will result during a time period when?
When expenses exceed revenues a net loss occurs.
What is it called When tax revenues exceed expenditures?
Budget Surplus
What is it called when your expenses exceed your income?
UNSUCCESSFUL
Does deficit occur when expenditures exceed revenues?
yes it exceeds.
When revenues exceed expenditures, _____.?
there is a budget surplus
When total revenues exceed total cost a business has registered?
A loss.
Annual tax revenues in Illinois exceeds billions dollars?
Annual tax revenues in Illinois exceed $51,000,000,000 ($51 billion).
When revenues exceed expenditures the government has a?
a big fat in the red( deficet )not sure how to spell it
What do you do with the 1099-Q form?
If there were qualified education expenses equal to the distribution you don't do anything. If the expenses exceed the distribution amount the difference can be claimed as an education credit or tuition and fees adjustment. If the distribution exceeded the qualified expenses see Publication 970 to figure the taxable amount.
If unnecessary expenses have been removed from your budget what can you do if your expenses still exceed your income?
Work overtime or get another job.
